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Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode RevealsBitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $138M in Daily Profits, Says Glassnode Glassnode‘s […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals

Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report RevealsThe latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand

Bitcoin Premium in South Korea Increases, Reflecting Strong Local DemandAfter falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below 1% after nearly hitting 10% in mid-April. Current data […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum

Glassnode Report Highlights Diverging Performance Between Bitcoin and EthereumThe onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance. Bitcoin’s Post-Halving Resilience Contrasts With Ethereum’s Struggles, Says Glassnode Glassnode researchers noted a significant divergence in performance between […]

Little-known Canadian crypto firm Matador adds Bitcoin to its books